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677 Forest Ave
Portland, ME 04103
Retail Property For Sale
Investment Highlights
- Prime location with excellent visibility.
- On-site parking available
Executive Summary
The property offers a prime location with excellent visibility and access on Forest Avenue, situated in a high-traffic corridor with more than 22,000 vehicles passing daily as of 2023. It features on-site parking—an uncommon and valuable advantage in this part of Portland—and is surrounded by a strong mix of retail, dining, and service amenities. Located just minutes from downtown Portland and the University of Southern Maine, the property benefits from steady demand and strong investment potential. The well-maintained, turnkey space is flexible and suitable for a variety of uses, including retail, office, medical, or service-based operations, while also presenting an opportunity for future redevelopment, making it ideal for either owner-occupancy or long-term investment.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,922 SF
Building Class
C
Year Built
1938
Price
$2,709,449 CAD
Price Per SF
$550.48 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.40
Lot Size
0.28 AC
Zoning
B2B
Amenities
- Restaurant
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | PTLD-000129-000000-L003001 | Improvements Assessment | $398,337 CAD |
| Land Assessment | $343,876 CAD | Total Assessment | $742,213 CAD |
Property Taxes
Parcel Number
PTLD-000129-000000-L003001
Land Assessment
$343,876 CAD
Improvements Assessment
$398,337 CAD
Total Assessment
$742,213 CAD
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